A Boring Dystopia

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Struggling consumers use buy now, pay later services for everyday necessities — even groceries (finance.yahoo.com)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 9 points 10 months ago

I’ve been saying for a few years now that the source of the next economic crash is going to be these services. We are essentially allowing the everyday consumer to create lines of credit on lines of credit. How many people are using these to extend their credit cards that are already deficient?